Plan Ledger DOL Form 5500 · updated monthly

Guardian Electric Manufacturing Company401(k)

GUARDIAN ELECTRIC MANUFACTURING COMPANY EMPLOYEES SAVINGS AND RETIREMENT PLAN · WOODSTOCK, IL · plan year 2024

Reported admin expense ratio · 2024
0.42%

Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works

Guardian Electric Manufacturing Company reported $33,964 in plan administrative expenses for 2024: 0.42% of average plan assets, below the peer median. Employer contributions averaged $1,217 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.53% to 0.42%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Illinois (2,576th of 3,702), and 9,584th of 13,661 in manufacturing. In 2024, employees put in $3.41 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,201,732
Participants with balances216
Active participants168
Employer contributions$204,515
Employee contributions$696,503
Employer contribution per active participant$1,217
Average account balance$37,971
Benefits paid to participants$1,406,859
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.2M · 216 accts · $205K emplr
2023$7.9M · 214 accts · $208K emplr
2022$6.9M · 191 accts · $200K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,949
Investment management$26,515
Audit (IQPA)$5,500
Total administrative$33,964
The Guardian Electric Manufacturing Company 401(k) match · 2024
Employer contribution per active participant$1,217
Median for plans this size$1,313
2024$1,217 per active participant
2023$1,258 per active participant
2022$1,199 per active participant

Guardian Electric Manufacturing Company's 2024 employer contribution ran below the $1,313 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
AMERICAN COMMUNITY WEALTH · Investment advisory (plan)$26,515
CASSELL PLAN AUDITS, INC. · Accounting / audit$5,500
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$1,949

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$33,964 · 0.42%
2023$31,549 · 0.43%
2022$40,973 · 0.53%
Same employer
Similar plansManufacturing · Illinois
Swiss Automation, Inc. IL$8.3M · 0.02%
Durex Industries IL$8.1M · 0.07%
Colony Display, LLC IL$8.1M · 0.04%
Pacific Bearing Corp. IL$8.1M · 0.41%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 362886470 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.